Acceptance to an offer must be done expressly by stating your acceptance to the offer. Question 1 options:   True   False Quasi contract is recognized as occurring under order of a court due to concerns of unjust enrichment. Question 2 options:   True   False   A preexisting duty to do something may be sufficient consideration for a contract to exist. Question 3 options:   True   False Contracts of adhesion, where a consumer has no ability to negotiate, is an unconscionable contract. Question 4 options:   True   False An exculpatory contract that releases the other from liability is always illegal. Question 5 options:   True   False A person who has injested drugs or alcohol will automatically have the choice to make void any contract entered into while under the influence. Question 6 options:   True   False Consideration could be a party's willingness to refrain from doing an illegal act. Question 7 options:   True   False Internet service providers are protected from liability (contractual or otherwise) for any and all content transmitted over their networks. Question 8 options:   True   False There is no single definition of what constitutes an unconscionable contract which courts will refuse to enforce. Question 9 options:   True   False A contract entered with a minor is a void contract. Question 10 options:   True   False Handwritten words are given less importance by the court than preprinted words on a written contract. Question 11 options:   True   False In order to agree to an offer, the offeree must know of the offer. Question 12 options:   True   False An advertisement is an offer for a sale of an item by express contract. Question 13 options:   True   False Any modifications to the offer by the offeree, modifies the offer and makes it a counter offer. Question 14 options:   True   False Uniform Commercial Code covers contracts relevant to sale or lease of goods. Question 15 options:   True   False A prenuptial contract must be in writing. Question 16 options:   True   False Some offers will never expire unless expressly withdrawn by the offeror. Question 17 options:   True   False The Statute of Frauds covers contracts that require performance within 6 months or longer of execution. Question 18 options:   True A guaranty type contract, where a 3rd party guarantees the payment for another, must be in writing. Question 19 options:   True   False Consideration has to be a negotiated benefit or detriment to both Parties to be valid support of the contract. Question 20 options:   True   False The duty of restoration is to protect adults that enter into contracts with children. Question 21 options:   True   False Minors are liable on certain contracts that are seen as necessaries of life...ie a contract for health insurance. Question 22 options:   True   False Consideration requires a bargained for exchange of value from both parties.  Question 23 options:   True   False There does not need to be any exchange of words for there to be an implied contract. Question 24 options:   True   False When an illegal contract is executed upon, the court normally will leave the parties where it finds them even if partial performance has occurred. Question 25 options:   True   False

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Related questions
Question

Acceptance to an offer must be done expressly by stating your acceptance to the offer.

Question 1 options:

 

True

 

False

Quasi contract is recognized as occurring under order of a court due to concerns of unjust enrichment.

Question 2 options:

 

True

 

False

 

A preexisting duty to do something may be sufficient consideration for a contract to exist.

Question 3 options:

 

True

 

False

Contracts of adhesion, where a consumer has no ability to negotiate, is an unconscionable contract.

Question 4 options:

 

True

 

False

An exculpatory contract that releases the other from liability is always illegal.

Question 5 options:

 

True

 

False

A person who has injested drugs or alcohol will automatically have the choice to make void any contract entered into while under the influence.

Question 6 options:

 

True

 

False

Consideration could be a party's willingness to refrain from doing an illegal act.

Question 7 options:

 

True

 

False

Internet service providers are protected from liability (contractual or otherwise) for any and all content transmitted over their networks.

Question 8 options:

 

True

 

False

There is no single definition of what constitutes an unconscionable contract which courts will refuse to enforce.

Question 9 options:

 

True

 

False

A contract entered with a minor is a void contract.

Question 10 options:

 

True

 

False

Handwritten words are given less importance by the court than preprinted words on a written contract.

Question 11 options:

 

True

 

False

In order to agree to an offer, the offeree must know of the offer.

Question 12 options:

 

True

 

False

An advertisement is an offer for a sale of an item by express contract.

Question 13 options:

 

True

 

False

Any modifications to the offer by the offeree, modifies the offer and makes it a counter offer.

Question 14 options:

 

True

 

False

Uniform Commercial Code covers contracts relevant to sale or lease of goods.

Question 15 options:

 

True

 

False

A prenuptial contract must be in writing.

Question 16 options:

 

True

 

False

Some offers will never expire unless expressly withdrawn by the offeror.

Question 17 options:

 

True

 

False

The Statute of Frauds covers contracts that require performance within 6 months or longer of execution.

Question 18 options:

 

True

A guaranty type contract, where a 3rd party guarantees the payment for another, must be in writing.

Question 19 options:

 

True

 

False

Consideration has to be a negotiated benefit or detriment to both Parties to be valid support of the contract.

Question 20 options:

 

True

 

False

The duty of restoration is to protect adults that enter into contracts with children.

Question 21 options:

 

True

 

False

Minors are liable on certain contracts that are seen as necessaries of life...ie a contract for health insurance.

Question 22 options:

 

True

 

False

Consideration requires a bargained for exchange of value from both parties. 

Question 23 options:

 

True

 

False

There does not need to be any exchange of words for there to be an implied contract.

Question 24 options:

 

True

 

False

When an illegal contract is executed upon, the court normally will leave the parties where it finds them even if partial performance has occurred.

Question 25 options:

 

True

 

False

 

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